Leica Summicron-M 50mm f/2 V5, introduced in 1994 with classic 6/4 optics, built-in hood, and collectible Safari, silver and titanium M variants.
Leica Summicron-M 50mm f/2 V
M mount
The Leica Summicron-M 50mm f/2 V is a M-mount lens for Leica rangefinder cameras. As of August 2026, it sells from €1,392 used across 61 listings, with a 30-day median of €1,916. Leica price index →
How it compares
Measured against the 74 other 50mm M-mount lenses in the catalogue.
Specification
About this lens
Leica Summicron-M 50mm f/2 V5
The Leica Summicron-M 50mm f/2 V5 is the fifth mechanical version of Leica’s long-running M-mount 50mm Summicron standard lens. Introduced in 1994 as the successor to the earlier 11819 version, the V5 retained the established 6 elements in 4 groups optical formula while introducing a revised barrel with an integrated telescopic hood and more modern handling [1]. Leica’s current technical description confirms the same 6/4 optical construction, 0.7m close focus distance, compact 43.5mm length, approximately 53mm diameter, and approximately 240g weight for the black anodized version [2].
The lens is rangefinder-coupled, uses E39 filters, and focuses from 0.7m to infinity. It is widely valued as a compact general-purpose 50mm M lens with a mature double-Gauss-derived Summicron optical character. Leica describes the current Summicron-M 50 f/2 as a compact lens with strong contrast, low flare through coated glass, and an integrated, extendable hood. The V5 should be distinguished from the APO-Summicron-M 50mm f/2 ASPH., which is a separate modern apochromatic lens with a different optical design and collector category.
Collectors should note that “V5” generally refers to the 1994 onward mechanical version with built-in hood, most commonly order number 11826 in black. Leica Classic identifies the 11826 as produced from 1994 to present and describes it as an evolution of the earlier 11819, with a modernized barrel, built-in hood, and updated coatings. Later production lenses may be factory six-bit coded, while earlier examples are usually uncoded. The 11719 code is reported by Kamerastore as a Portugal production code for black Type V lenses, so buyers should check country engraving, box label, six-bit status, serial number, and matching accessories before buying [5].
History
Development and Launch
The 50mm f/2 Summicron-M optical formula used by the V4 and V5 generation dates to the late 1970s and is associated by Leica Wiki with Walter Mandler, Erich Wagner, and Garry Edwards, with design work dated 16 May 1977 [3]. The V5 version was introduced in 1994 and kept the same basic optical layout while updating the exterior design. Its role in the Leica M lineup was to provide a compact, moderate-speed standard lens below the faster Summilux and Noctilux lenses, but smaller, lighter, and simpler than those alternatives.
Production Evolution
The principal V5 change from the 11819 generation was mechanical rather than optical. The 11826 added a built-in telescopic lens hood and revised barrel styling while retaining the 6 elements in 4 groups formula. Leica Wiki lists the broader Summicron-M 50mm f/2 family from 1979 to current, with Leica M bayonet mount, E39 filters, 0.7m focusing, 43.5mm length, 53mm diameter, and weights of approximately 240g for black or clear anodized versions and approximately 335g for silver or titanium-finish versions. Current production remains available as the black anodized Summicron-M 50 f/2, with factory specifications matching the compact V5 profile.
Special Variants
Several special and finish variants are relevant for matching and collector indexing. The black 11826 is the standard V5 reference. The silver chrome 11816 is a heavier brass-bodied variant. The titanium-finish 11624 is documented by Leica Classic and Kamerastore as a rare titanium version, with only 500 examples produced [4]. The olive green Summicron-M 50 f/2 Edition “Safari”, order number 11824, was announced as a 500-unit special edition with red feet-scale and focal-length engravings, white remaining engravings, and the same technical functions and optical performance as the serial Summicron-M 50 f/2 [6]. Other Summicron-M 50mm special editions, including RPS Centenary, Dutch Flag, Colombo, and 50 Jahre Summicron examples, are documented in the broader Summicron-M 50mm family, but some belong to earlier or retro-styled versions rather than the standard V5 barrel[7].
Collector Notes
Collectors should verify whether the lens is an early uncoded example or a later six-bit coded example, because the 11826 designation alone does not confirm coding. The most common configuration is black anodized aluminum at approximately 240g, while silver and titanium-finish lenses are heavier and more collectible because of their brass construction. Check that the built-in hood slides correctly, the aperture ring clicks cleanly, the focusing helicoid is smooth, and the lens is free from haze, fungus, cleaning marks, coating damage, or oil on the aperture blades. For special editions, confirm the correct order number, engraving color, finish, box label, serial number, caps, leather case, papers, and whether the lens is an authentic factory variant rather than a repainted or mismatched standard lens.
Sources
- Leica Camera Classic. Leica Summicron-M 50mm f/2 V5 11826classic.leica-camera.com →
- Leica Camera AG. Summicron-M 50 f/2, black anodized, Technical Specificationleica-camera.com →
- Leica Wiki. 50mm f/2 Summicron-Mwiki.l-camera-forum.com →
- Leica Camera Classic. Leica Summicron-M 2/50mm 11624 Titaniumclassic.leica-camera.com →
- Kamerastore. Leica 50mm f2 Summicron-M Type V Black, 11826 / 11719kamerastore.com →
- Leica Camera AG. Summicron-M 50 f/2, Edition Safarileica-camera.com →
- Leica Camera Classic. SUMMICRON-M 50/f2 50 Years 11615classic.leica-camera.com →
Where to buy
Prices for Leica Summicron-M 50mm f/2 V
Good time to buy. The lowest listing is 27% below the 30-day average.
Lowest price Click a mark to open that listing · arrow keys to step, Enter to open
Price against condition for 61 listings of Leica Summicron-M 50mm f/2 V, €1,392 to €6,962, median €2,088. New: 2 at €2,227, €2,883. Mint: 7 at €1,719, €2,201, €2,403, €3,056, €5,987, €6,589, €6,962. Excellent: 26 at €1,392, €1,392, €1,510, €1,510, €1,607, €1,607, €1,607, €1,628, €1,714, €1,753, €1,821, €1,917, €1,920, €2,056, €2,141, €2,891, €2,999, €3,010, €3,106, €3,427, €3,749, €4,106, €4,133, €4,177, €4,231, €5,354. Good: 10 at €1,627, €1,755, €1,821, €1,824, €1,922, €1,932, €2,088, €2,131, €4,584, €5,354. Fair: 2 at €1,481, €1,917. Unknown: 14 at €1,446, €1,471, €1,552, €1,628, €1,753, €1,981, €2,034, €2,088, €2,131, €2,249, €2,303, €2,310, €2,968, €5,350. The full table follows.
| Condition | Lowest | Median |
|---|---|---|
| New | €2,227 | €2,555 |
| Mint | €1,719 | €3,056 |
| Excellent | €1,392 | €1,988 |
| Good | €1,627 | €1,927 |
| Fair | €1,481 | €1,699 |
| Other | €1,446 | €2,061 |
Price history
Over the last 12 weeks the median price for the Leica Summicron-M 50mm f/2 V has fallen, ranging from €1,914 to €2,028 (now €1,921).
Weekly price (EUR). Median (Good or better) and lowest (Good or better) across 12 weeks. The full figures follow in the table below.
The figures behind this chart
| Week | Median | Lowest |
|---|---|---|
| Jun 1, 2026 | €2,008 | €1,480 |
| Jun 8, 2026 | €2,008 | €1,480 |
| Jun 15, 2026 | €1,966 | €1,480 |
| Jun 22, 2026 | €1,922 | €1,480 |
| Jun 29, 2026 | €1,998 | €1,480 |
| Jul 6, 2026 | €2,028 | €1,535 |
| Jul 13, 2026 | €2,029 | €1,535 |
| Jul 20, 2026 | €2,029 | €1,535 |
| Jul 27, 2026 | €2,056 | €1,582 |
| Aug 3, 2026 | €1,922 | €1,393 |
| Aug 10, 2026 | €1,925 | €1,393 |
| Aug 17, 2026 | €1,922 | €1,393 |
What these condition grades mean
Every shop grades differently. Leica Classic uses letters, Ffordes uses E++ and E+, German dealers write "Zustand B", Japanese dealers write A−. We map all of them onto the one ladder below. Where a shop states its own grade, we print it under ours.
- New
- Unused, sold as current stock.Usually the maker's own store or a dealer's new inventory.
- Mint
- Used, but with no wear we can see described.Leica Classic A · Ffordes M
- Excellent
- Light wear, glass reported clean.Leica Classic A− and A/B · Ffordes E++ and E+ · Japanese A−
- Good
- Visible wear from use, optics reported sound.Leica Classic B · "Zustand B"
- Fair
- Heavy cosmetic wear, or a stated optical fault such as haze, fungus or cleaning marks.Leica Classic B−
- Heavily used
- Works, but wear or a fault affects using it.Leica Classic C
- For parts
- Not usable as sold.Leica Classic C− and D
- Unknown
- The listing said nothing we could grade. We show the seller's own words instead of guessing.
Leica Summicron-M 50mm f/2 V: frequently asked
How much does the Leica Summicron-M 50mm f/2 V cost?
As of August 2026, the Leica Summicron-M 50mm f/2 V sells from €1,392 used, with a 30-day median of €1,916, across 61 active listings.
Where can I buy a Leica Summicron-M 50mm f/2 V?
As of August 2026, the Leica Summicron-M 50mm f/2 V is sold by 6 sources (61 listings), from €1,392 used: all compared cheapest-first on this page.






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